Etro has appointed Fabrizio Cardinali as its CEO, effective in Q4. The company said he brings “more than 25 years of strategic leadership expertise and an unmatched track record in the luxury fashion space”.
The Swiss group, owner of Cartier, Net-à-Porter, Chloé, Dunhill, Alaïa and more, announced on Wednesday the acquisition of historic Belgian leather goods house Delvaux. The transaction amount was not disclosed.
Few fashion weeks are as international as Paris Menswear season, especially during the pandemic. As designers and marques never reach the French capital yet are determined to be listed on its official show schedule.
With digital screens now ubiquitous, the eyewear producer has launched the ‘Blue & Beyond’ project, equipping some of its labels’ models with anti-blue light, photochromic UV protection lenses, a luxury industry first.
The international fragrance company achieved net income of $27.7 million in the first quarter ended March 31, 2020, up 175% from $10.1 million in the prior-year period, and 47% from $18.9 million in Q1 2019.